Skillsoft (US:SKIL) ZACKSยท2024-07-25 12:41Company Overview - Skillsoft Corp. (SKIL) shares increased by 18% in the last trading session, closing at $18.01, with notable trading volume compared to typical sessions. The stock has gained 23.1% over the past four weeks [1] - The company is expected to report a quarterly loss of $3.06 per share, reflecting a year-over-year change of +15%. Revenue is anticipated to be $131.39 million, down 6.9% from the same quarter last year [4] Industry Context - Skillsoft operates within the Zacks Technology Services industry, which includes other companies like Outbrain Inc. (OB). Outbrain's stock finished 2.7% lower at $4.75, with a return of -1.2% over the past month [3] - Skillsoft benefits from a strong position in the growing core enterprise learning market, particularly through its content and platform segment, and has seen growth in Asian markets along with customer wins and expansions [5] Earnings Estimates - The consensus EPS estimate for Skillsoft has been revised 10% higher over the last 30 days, indicating a positive trend that typically correlates with price appreciation [6] - In contrast, Outbrain's consensus EPS estimate has remained unchanged at -$0.10, representing a year-over-year change of -25% [7]